Should be just about moment of truth for AMZN for near term....
IF this pop reverses back down, then it is likely finished. But if not, then bullz have likely held the line for now.
265 still looks like bull/bear line as multiple time frames align....
AMZN
Started by
K Wave
, Mar 04 2013 10:19 AM
1 reply to this topic
#1
K Wave
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Posted 04 March 2013 - 10:19 AM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#2
ogm
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Posted 04 March 2013 - 10:23 AM
Should be just about moment of truth for AMZN for near term....
IF this pop reverses back down, then it is likely finished. But if not, then bullz have likely held the line for now.
265 still looks like bull/bear line as multiple time frames align....
It appears that the herd is piling into the "fantasy" stocks, while dumping the rest.
AMZN, GOOG and LNKD are the winners today while a lot of stuff is falling apart. Also Railroad bubble is still popular, but not for long.
